The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-10-10
GENERAL RAILWAY NEWS.
Matters of Money and Management
About Various Lines.

Supts. Starr, of the Port Royal and West
ern Carolina railroad, Kline, of the South
western railroad, and McClintock, of the
Columbus and Western railroad, are in the
city
Work on the eastern end of the new rail
road will begin this morning about two
miles from the Savannah, Florida and
Western junction. The first camp will be
pitched on the Owens plantation.
Passenger representatives on all lines
south of the Ohio river met on Friday with
representatives of the Ohio river pool at the
Grand Hotel in Cincinnati, for the purpose
of comforting in regard to tourists rates to
Florida this season.
The first case in which violation of the
interstate law has been taken before a
United States Court, instead of the com
mission. is up in Minnesota. Complaint
was made by farmer, and station agent
was put under bonds to appear in the Dis
trict Court. He would not transfer wheat
from the Manitoba TO the Northern Pacific
tracks
Poors Railway Manual just issued puts
the total railroad mileage of the United
States at the close of 1886 at 1873, 607 miles
Its cost measured by the amount of stocks,
bonds and debt, was about 81, 1853, 14S, 652
The gross earnings were 1922. 191 $40, an in
crease over 1885 of SO. 1881, $50: the net
earnings. S297 81 ,415, or 80. 10 per cent. of
the gross. For interest, SlS9,036, 304, and
for dividends, $Sl ,654, 1873 were paid.
There are two plans now being discussed
to complete the Rome and Decatur railroad
from Rome to Gadsden, by the parties in
terested. One is to take up all the old
bonds and issue new ones, and the bond
holders to furnish money TO complete the
railroad, and the other is to appoint re-
ceiver for the entire railroad, who will be
authorized with the consent of the credi-
tors, to issue certificates to complete the
railroad. The work and present property
of the road amounts to between $500, 900
and $500, 600
The salaries of presidents and general
superintendent of railways range from
Sc, 900 and SIC, 900 to so, 900, but these large
sums are not considered enough to re-
munerate receivers appointed by courts to
take charge of bankrupt roads for the bene-
fit of the creditors. This subject recently
came up in the United States Circuit Court
at st. Louis, when claim of S1l2,500 for
each was put in for the services of two re-
ceivers appointed by the court for the
Wabash, st. Louis and Pacific railroad
The allowance made by the court was at
the rate of S24, 700 each per annum, the
period of service having extended little
over two years.
The Lumpkin Independent says that sew
eral hundred bales of cotton were COM
pressed at Americas last week, preparatory
to being shipped over the Americas, Pres
ton and Lumpkin railroad to Abbeville,
where it will be loaded upon the company
steamer, and from thence it will be taken
down the Ocmulgee river, via Darien to
Savannah. So, it remarks, we have at last
through line to Savannah over the Ameri-
Gus, Preston and Lumpkin railroad and
steamers. 1t is expected that by next week
through passenger train will be put on
the line between Louvale and Abbeville.
The Americas, Preston and Lumpkin may
still be called baby but it is growing SO
fast that we think it entitled at least to the
bondreeches